Why Short Sale? – FREE information on Foreclosure Defense, Mortgage Modification, Tax Consequences, Deed-in-lieu-of-foreclosure, Short Sales, Deficiency Judgments, Bankruptcy Referrals & more. John Michailidis, SaraMana Properties – Phone: (941) 822-5221
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Advantages of Short Sale vs. Foreclosure Chosen By Homeowners in Miramar Community at The Country Club of Lakewood Ranch Florida
Many area property owners find themselves shaking their heads and wondering what to do. Few anticipated the mortgage crisis, or the impact it would have on the local real estate prices, including those in Miramar at the Country Club of Lakewood Ranch.
In a curious turn of events, both homeowners and lenders alike are choosing Short Sales vs. Foreclosure. Owners obviously benefit greatly by substantially decreasing the damage to their credit, and by avoiding the long-term, overhanging debt of a Deficiency Judgment. Lenders benefit by avoiding the added legal and administrative expense that pursuing and securing a foreclosure entails. Both are finding Short Sales a "win-win" proposition.
That said, lenders are loathe to accept a Short Sale Proposal from any other than a recognized and experienced Short Sale Professional. The reason for this is simple; the complexity of these transactions means that anyone less than an experienced pro is likely to get it wrong, thus wasting countless months of time and effort, which will inevitable lead to an eventual Foreclosure anyway.
The good news is that experienced Short Sale Teams typically have success rates exceeding 90%!
The SaraMana preForeclosure & Short Sale Assistance Team helps property owners in Miramar, Lakewood Ranch, Bradenton and throughout Manatee & Sarasota County Florida to STOP Foreclosure, Avoid Deficiency Judgments, Successfully Short Sale their homes, and move on with their lives without the long-term overhanging debt, embarrassment, and social stigma that a Foreclosure often brings.
For more information, Call 941-822-5221, or use this ONLINE FORM.
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